This Bellway Insider Reduced Their Stake By 20%

Viewing insider transactions for Bellway p.l.c.'s (LON:BWY ) over the last year, we see that insiders were net sellers. This means that a larger number of shares were sold by insiders in relation to shares purchased.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

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The Last 12 Months Of Insider Transactions At Bellway

The insider, Keith Adey, made the biggest insider sale in the last 12 months. That single transaction was for UK£889k worth of shares at a price of UK£32.57 each. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. It's of some comfort that this sale was conducted at a price well above the current share price, which is UK£26.82. So it may not shed much light on insider confidence at current levels. The only individual insider seller over the last year was Keith Adey.

Over the last year, we can see that insiders have bought 2.05k shares worth UK£52k. But they sold 27.30k shares for UK£889k. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

View our latest analysis for Bellway

If you like to buy stocks that insiders are buying, rather than selling, then you might just love this free list of companies. (Hint: Most of them are flying under the radar).

Insider Ownership Of Bellway

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Our data suggests Bellway insiders own 0.06% of the company, worth about UK£1.9m. I generally like to see higher levels of ownership.

What Might The Insider Transactions At Bellway Tell Us?

The fact that there have been no Bellway insider transactions recently certainly doesn't bother us. We don't take much encouragement from the transactions by Bellway insiders. And we're not picking up on high enough insider ownership to give us any comfort. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. While conducting our analysis, we found that Bellway has 1 warning sign and it would be unwise to ignore it.

Of course Bellway may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.